Tag: consumer protection
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CFPB returns $17.5B to Defrauded Consumers
Commentary By Charlene Crowell This year marks the 12th anniversary of an important consumer protection that sprang as a response to millions of foreclosures and the resulting Great Recession. Today, just as then, all consumers need assurances that whether purchasing goods or services, they pay a fair price. For the first time in our nation’s history, a ... -
Bill Seeks to Free Bank Consumers From High Costs
By Charlene Crowell Runaway prices for food, fuel and housing make most consumers anxious about whether they will have enough money for a given month. Even after adjusting spending to stretch dear dollars are far as possible, a lot of people remain perplexed about what else can be done to hold on in these hard ... -
100M Consumers at Risk From Data Breach
By Charlene Crowell A second major disclosure of major consumer data breach was announced on July 29 by Capital One Bank. That same day, the FBI arrested a suspect was charged with stealing the personal information on March 22 and 23. The apparent focus of the financial theft was credit card applications filed with the ...